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Agenda - Council - 01/24/2023
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Agenda - Council - 01/24/2023
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7/22/2025 3:32:51 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
01/24/2023
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E. Ratio Of Business Assistance To New Jobs Created: Points: 2 <br />$984,511 Business assistance requested $5,000 or less 5 <br />22 Number of net new jobs created $15,000 or less 4 <br />$ 44,750 of business assist. per net new job created $25,000 or less 3 <br />$50,000 or less 2 <br />Over $75,000 1 <br />F. Project size: Points: <br />This project will result in a building size of 65,162 square feet <br />98 units <br />G. Type of Project: <br />x <br />100% Owner Occupied <br />Mix Owner Occupied & Investment <br />Investment Property <br />H. Likelihood that the project will result in unsubsidized, spin-off <br />development: <br />x High <br />Moderate <br />Low <br />I. <br />Sub -Total Points 28 of a possible 35 points. <br />4 <br />75,000+ 5 <br />50,000+ 4 <br />25,000+ 3 <br />10,000+ 2 <br />5,000 or less 1 <br />Points: 5 <br />5 <br />3 <br />1 <br />Points: 4 <br />5 <br />3 <br />1 <br />5 <br />4 <br />4 <br />2 <br />4 <br />5 <br />4 <br />Bonus Points Bonus Points: 1.65 <br />The project will be 100% pay-as-you-go financing. 1.65 <br />The project is a redevelopment project. 0 <br />Total Points: 29.65 <br />Overall project analysis: <br />High 35 points <br />Moderate 25 points <br />Low 15 points <br />Not Eligible 5 points <br />
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